5531 Prospect Ln
Lerna, IL 62440
4 Beds
2 Baths
2,638 sqft (on 0.94 acres)
4 Beds
2 Baths
2,638 sqft
(on 0.94 acres)
Local Information
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Description
This single-family home is located at 5531 Prospect Ln, Lerna, IL. 5531 Prospect Ln is in Lerna, IL and in ZIP code 62440. This property has 4 bedrooms, 2 bathrooms and approximately 2,638 sqft of floor space. This property has a lot size of 0.94 acres.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago
Home Details for 5531 Prospect Ln
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Exterior Home Features Roof: Other |
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Property Type / Style Property Type: Single Family HomeArchitecture: Other |
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Lot Area: 0.94 acres |
Price History for 5531 Prospect Ln
| Date | Price | Event | Source |
|---|---|---|---|
| 10/25/2013 | $129,900 | Sold | CIBR #4217851 |
| 09/09/2013 | $134,900 | PriceChange | Agent Provided |
| 05/22/2013 | $149,900 | PriceChange | Agent Provided |
| 03/05/2013 | $159,900 | Listed For Sale | Agent Provided |
Market trends in Lerna
Last updated May 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $3,392 |
| Assessment | $171,096 |
Home facts updated by county records
Homeowner tools
Estimated monthly rent$1,917/mo
Comparable Sales for 5531 Prospect Ln
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.07 | Single-Family Home | $293,000 | 03/05/26 | 3 | 2 | 1,970 | |
1.30 | Single-Family Home | $400,000 | 03/05/26 | 3 | 2.5 | 2,086 | |
1.90 | Single-Family Home | $167,000 | 01/09/26 | 4 | 2 | 1,750 | |
1.36 | Single-Family Home | $377,000 | 07/21/25 | 3 | 3 | 2,856 | |
1.16 | Single-Family Home | $573,460 | 04/30/26 | 3 | 4.5 | 3,683 | |
2.28 | Single-Family Home | $389,900 | 09/19/25 | 4 | 2.5 | 3,104 | |
2.56 | Single-Family Home | $180,000 | 09/11/25 | 3 | 2 | 2,115 | |
2.59 | Single-Family Home | $255,000 | 10/17/25 | 3 | 2 | 1,634 | |
2.72 | Single-Family Home | $155,000 | 11/24/25 | 3 | 2 | 2,616 | |
2.80 | Single-Family Home | $205,000 | 12/29/25 | 3 | 2 | 2,414 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
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SOLDJUN 12, 2026
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SOLDMAY 26, 2026
SOLDMAR 5, 2026
FOR SALENEW - 10 HRS AGO1.31 ACRES
Assigned Schools
These are the assigned schools for 5531 Prospect Ln.
- Mattoon High School
- 9-12
- Public
- 843 Students
6/10GreatSchools RatingParent Rating Average
No reviews available for this school. - Mattoon Middle School
- 6-8
- Public
- 598 Students
6/10GreatSchools RatingParent Rating AverageI am very upset knowing my boyfriend finished school faster than the whole school and was still last in the graduation. Didn’t even recognize him that he graduated early. Nor did they even have a spot for him whenever he got there!Other Review1w ago - Arland D Williams Jr Elementary School
- K-5
- Public
- 639 Students
6/10GreatSchools RatingParent Rating AverageI have had a son who went here. He has ADHD and the principal all the teachers he has had since kindergarten have been exceptional and went way above their job to help him succeed. The counselor , mrs Easton, mrs Englund , and mr g(sorry can't rem how it's spelled) have been the greatest. We recently had to move to champain and did not get the chance to know his 4th grade teacher yet. We miss this school alot. And would recommend it highly. Again. Thank youParent Review14y ago 
Check out schools near 5531 Prospect Ln.
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Apartments for Rent
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Off Market Homes Near 5531 Prospect Ln
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SOLDAPR 30, 2026
SOLDAPR 30, 2026RYAN DALLAS REAL ESTATE, Closed
SOLDMAR 27, 2026
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SOLDMAR 5, 2026- See more homes for sale inLerna
5531 Prospect Ln, Lerna, IL 62440 is a 4 bedroom, 2 bathroom, 2,638 sqft single-family home. This property is not currently available for sale. 5531 Prospect Ln was last sold on Oct 25, 2013 for $129,900. The current Trulia Estimate for 5531 Prospect Ln is $267,400.